Articles of Economy

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An agreement that opens the doors to regional integration

Banco acuerdo Cuba

On the afternoon of Thursday, September 1, the first cooperation agreement between the CAF-Development Bank of Latin America and the Republic of Cuba was signed, with the express interest of promoting initiatives and mechanisms that contribute to Cuban economic and social development and progress toward new prospects for regional and international integration.

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U.S. Transportation Secretary to visit Cuba

ministro transp estados unidos

That same day regular direct commercial flights between the two nations will officially resume with the arrival of a JetBlue Airbus A-320 to Santa Clara International Airport, from Fort Lauderdale, Florida, as part of the implementation process of the Memorandum of Understanding between Cuba and the United States, signed in February, 2016.

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All set for the reestablishment of regular commercial flights between the U.S. and Cuba

ministro transp

After more than half a century, regular commercial flights between the United States and Cuba, which will resume at the end of the month, will operate in accordance with international security norms, as announced by senior aviation officials this Thursday, August 26, in Havana. The inaugural flight, operated by U.S. airline JetBlue, between Fort Lauderdale (Florida) and Santa Clara, will depart on Wednesday, August 31. As such regular direct flights between the two countries, which were suspended in 1961, will formally resume.

Opinions »

Cuba, a country both wished for and possible

Cuba, pueblo, bloqueo

With the triumph of the revolution in 1959, Cuba obtained independence and
sovereignty. If they’ve really existed since then and not just as a goal, their
preservation remains as a challenge.

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The struggle to temper the social costs of development

Vietnam escuela

If there is one country that has experience in eliminating poverty, it is Vietnam. The Southeast Asian nation is admired for its recovery following a devastating war, which has seen over 25 million people taken out of poverty in less than 20 years. Thanks to the implementation of the “Renovation” policy (Doi Moi), launched in 1986, the country experienced countless economic successes and is today reforming its strategies to become an industrialized country.

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Extensive maintenance and investment at Mariel’s Máximo Gómez power plant

Mariel centro operaciones

The Máximo Gómez thermoelectric power plant, located in the municipality of Mariel, has been generating power for the past five decades. Given the energy needs in this important area for economic development, the plant is currently undergoing an extensive maintenance process, in addition to other measures.

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China & Latin America: An alliance for the future

China america Latina

China and Latin America have made significant progress in terms of commercial relations and are now ready to move toward a new stage of mutually beneficial economic ties.

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Cuban tobacco industry moving forward

tabaco producción

The state enterprise group Tabaco de Cuba (Tabacuba) is undertaking an extensive program of construction and modernization of its industrial facilities, putting the company in a better position to meet the demands of the local and international markets, with a more a efficient, competitive, and sustainable performance.

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Increased food production needed

Agricola produccion artemisa

With the goal of reviewing the organization of contracting, collection, and distribution of agricultural products in the province, José Ramón Machado Ventura, second secretary of the Party Central Committee, met with agricultural leaders here yesterday, May 18.

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New measures to gradually increase Cuban’s purchasing power

mdidas precios tiendas

In line with information published on April 22 and May 3 and continuation of measures to gradually increase Cubans’ purchasing power, the following measures will be implemented beginning today, May 17, 2016:
Price reductions on the following products sold in Cuban Convertible Pesos (CUC)